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10 Mar 2022 jamesHail to the dockworkers! A Tale of Three Tankers – The Economic War, part 2
You can track them still on MarineTraffic.com … the MV Seacod, the MV Boris Vilkitsky and the MV Pearl. Three ghost ships of the energy system, the spirits of the Economic War. All three of these vessels broke out of the fog that normally swathes the constant trade in oil and gas. All three neared…
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The Guns of Economic War – unpicking the decisions by BP to sell out of Russia
Far from the terrifying realities of the shelling of civilians in Kyiv, Kharkiv and other Ukrainian cities, far from the desperation of women and children trying to board trains for Poland, far from the sickening din of armour in the streets, the guns the economic war are firing. The bravery of Ukrainian citizens in resisting…
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10 Feb 2022 jamesFuel poverty and Shell profits – who possesses the gas system?
Standing in the front benches of the Opposition in the House of Commons, Rachel Reeves, Shadow Chancellor of the Exchequer, declared “Citizens Advice have said they have seen a record number of people in January … Only today Shell announced that their profits had quadrupled to 20 billion dollars. They described the results as momentous,…
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Ukraine & the grip of gas – caught in the machine of Crude Britannia
The newsfeeds hiss and rumble with stories of a possible Russian invasion of Ukraine. We are all of us left waiting. Is this truly going to happen, a military conflict between Russia and NATO? Or is this a fevered concoction that aids the Kremlin, the US Administration, and the UK’s flailing Prime Minister? Will the…
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18 Jan 2022 jamesCambo & Viking Energy – the common wealth of wind in Shetland
In July 1881 a fleet of Sixareen boats were working the haaf fishing grounds 30 or more miles West of Shetland in the vast North Atlantic. Each craft twenty foot long, hand built from wood, with a crew of seven men fishing for Cod and Ling. This valuable catch was taken on lines of hooks,…
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Just Transition in Glasgow – now is the time for ‘For’ and ‘Against’
“We need a massive programme of retrofitting homes”. Francis Stuart of the Scottish Trades Union Congress (STUC) is outlining his understanding of the social project that needs to take place, the transformation of pretty much the entirety of the housing stock of Scotland – and indeed the UK. Stuart sits behind a long table…
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What the Gas Price hike means – the Tales of Two Cities
Hot on the heels of the Petrol Panic comes the Gas Price Panic and the Electricity Price Panic – my head spins as I try to take in each of these fossil fuel driven convulsions. It is worth the effort to unpick this ball of yarn and lay out the tale it reveals. It is…
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12 Oct 2021 jamesPetrol Panic II – taking on the barriers to climate action
Week two of the Petrol Panic – Monday 4th October. It looks like the pumps are working as normal in the BP petrol station at 232 Priory Road in Anfield, Liverpool, fed by road tankers filled at the gantries of Stanlow Refinery, 12 miles to south on the banks of the Mersey. But the Petrol…
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4 Oct 2021 jamesProfiting from the Panic – how to use a squeeze in the oil flow to financial advantage
Petrol Panic grips the nation. A second week of fuel shortages on the forecourts threatens to hobble the economy, or at least erode support for the Tories in their heartlands and overshadow the Conservative Party Conference. Will queues at the petrol pumps in Manchester crowd the prime minister’s show? The Shell stations in Bolton were…
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Government issues nearly £2 bn for fossil fuels abroad… and 0.0005 as much for renewables
New data shows: last year the UK government supported oil, gas and coal projects in other countries to a tune of £1.8 billion – through UK Export Finance (UKEF), a government department that purports to support UK businesses operating elsewhere. We’ve analysed UKEF’s annual list of loans and financial guarantees, and here’s some of the…
